NYSE:NVS - Novartis Stock Price, Forecast & News

Novartis trades on the New York Stock Exchange (NYSE) under the ticker symbol "NVS."

Novartis declared an annual dividend on Thursday, January 31st. Shareholders of record on Tuesday, March 5th will be paid a dividend of $2.8646 per share on Wednesday, March 13th. This represents a yield of 3.27%. The ex-dividend date is Monday, March 4th. This is an increase from Novartis's previous annual dividend of $2.33. View Novartis' Dividend History.

Novartis AG (NYSE:NVS) posted its quarterly earnings results on Tuesday, October, 22nd. The company reported $1.41 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.31 by $0.10. The company earned $12.17 billion during the quarter, compared to the consensus estimate of $11.67 billion. Novartis had a net margin of 24.43% and a return on equity of 20.86%. The firm's revenue for the quarter was up 10.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.32 earnings per share. View Novartis' Earnings History.

Novartis is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Novartis.

9 analysts have issued 12 month price objectives for Novartis' stock. Their forecasts range from $79.16 to $105.00. On average, they expect Novartis' share price to reach $94.34 in the next twelve months. This suggests a possible upside of 1.4% from the stock's current price. View Analyst Price Targets for Novartis.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Novartis in the last year. There are currently 3 sell ratings, 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Novartis.

Headlines about NVS stock have been trending somewhat negative this week, InfoTrie reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Novartis earned a news impact score of -1.1 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Novartis.

Novartis saw a increase in short interest during the month of November. As of November 29th, there was short interest totalling 2,900,000 shares, an increase of 10.7% from the November 14th total of 2,620,000 shares. Based on an average daily trading volume, of 1,720,000 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.1% of the company's shares are short sold. View Novartis' Current Options Chain.

Some companies that are related to Novartis include Johnson & Johnson (JNJ), Roche Holdings AG Basel (RHHBY), Merck & Co., Inc. (MRK), Pfizer (PFE), Abbott Laboratories (ABT), Novo Nordisk A/S (NVO), AbbVie (ABBV), AstraZeneca (AZN), Sanofi (SNY), GlaxoSmithKline (GSK), Eli Lilly And Co (LLY), Bristol-Myers Squibb (BMY), Commonwealth Bank of Australia (CSLLY), Celgene (CELG) and Bayer (BAYRY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Novartis investors own include Johnson & Johnson (JNJ), Walt Disney (DIS), AbbVie (ABBV), Pfizer (PFE), AT&T (T), Cisco Systems (CSCO), Intel (INTC), NVIDIA (NVDA), Merck & Co., Inc. (MRK) and Verizon Communications (VZ).

Novartis' stock is owned by a number of of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (0.36%), State Street Corp (0.12%), Schafer Cullen Capital Management Inc (0.12%), Parametric Portfolio Associates LLC (0.11%), Manning & Napier Group LLC (0.11%) and Boston Partners (0.08%).

NVS stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Eagle Asset Management Inc., Schafer Cullen Capital Management Inc, Thomasville National Bank, Carillon Tower Advisers Inc., Manning & Napier Group LLC, Stifel Financial Corp and SG Americas Securities LLC.

NVS stock was bought by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Fisher Asset Management LLC, Voloridge Investment Management LLC, Renaissance Group LLC, First Trust Advisors LP, Voya Investment Management LLC, Envestnet Asset Management Inc. and Parametric Portfolio Associates LLC.

Shares of NVS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of NVS stock can currently be purchased for approximately $93.04.

Novartis has a market capitalization of $213.23 billion and generates $51.90 billion in revenue each year. The company earns $12.61 billion in net income (profit) each year or $5.09 on an earnings per share basis. Novartis employs 125,161 workers across the globe.View Additional Information About Novartis.

The official website for Novartis is http://www.novartis.com/.

Novartis' mailing address is LICHTSTRASSE 35, BASEL V8, CH 4056. The company can be reached via phone at 011-41-61-324-1111 or via email at [email protected]